Looks like PhotoForge2 crammed practically every post-processing tool and feature on the planet into what will probably amount to an under-$5 app: curves, real layer support (including masking), ability to edit raw files (and images up to 20MB), editing timeline and a big pile of sharing options.

Add to that a smorgasbord of filters that simulate papers, processes, cameras and you’ve got the makings of what looks like the killer photo app. GhostBird also claims fast processing times — how they’re able to pull this one off, and just how fast it’ll clock on the slower processors of the 3G/s is the big question, though; we’ll know in a couple of weeks, the timeframe the developer has suggested for the app’s release.

[FSM & CultOfMac]